Banking and Finance

The Bank of Cyprus (BoC) was named ‘Best Private Bank Cyprus 2026’ in the Global Banking & Finance Awards, organised by Global Banking & Finance Review, in recognition of its standing ...

Morgan Stanley beat Wall Street expectations for first-quarter profit this week, as ​the investment bank benefited from a surge in dealmaking and raked in record revenue from its equities trading ...

European lenders are resilient enough to absorb current financial and geopolitical ‌shocks but need to prepare for future uncertainties including cybersecurity risks from AI, François-Louis Michaud, the new head ...

The Central Bank of Cyprus (CBC) on Friday announced that the non-performing loans ratio of the Cypriot banking sector remained unchanged at 1.6 per cent as of January 31, 2026. The figure was ...

Freedom24, part of Freedom Holding Corp., on Thursday announced that it won three awards at the 2026 Global Banking & Finance Awards, recognising its Tradernet platform and Neo Compliance framework. The ...

European financial technology provider payabl. on Thursday announced the launch of Click to Pay with Visa, a new online card payment experience aimed at helping merchants improve checkout performance and ...

The Central Bank of Cyprus (CBC) has reported that the average interest rate for new housing loans in Cyprus stood at 3.04 per cent in February, below the eurozone average of 3.41 ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced its 30th anniversary celebrations, including a landmark conference scheduled for April 29, at the Hilton hotel in Nicosia. In its statement, ...

The Cyprus Securities and Exchange Commission (CySEC) recently organised a series of initiatives to promote financial literacy, in the context of the World Investor Week 2025 awareness campaign. One of these ...

Eurobank S.A. has announced it successfully priced a €400 million senior preferred bond issuance following strong demand from institutional investors. The bank said the Fixed Rate Senior Preferred Notes due ...

The European Banking Authority (EBA) has published a report comparing how banks test the implementation of their recovery plans through so-called dry runs, highlighting significant differences in approach and effectiveness ...

The European Central Bank (ECB) on Tuesday published proposals aimed at making banks and the financial infrastructure in which they operate better able to support the economy. The proposals, endorsed ...

The European Banking Authority (EBA) has published a decision harmonising how national competent authorities report under the SEPA regulation, marking a key step in strengthening oversight of euro payments across ...

The European Central Bank (ECB) has moved the digital euro into its next phase, shifting the project from planning to technical preparation, with the Eurosystem aiming to be ready for ...

Top trading hub Cyprus prepares for mandatory salary disclosures Cyprus remains the top global location for hiring in the online trading sector during the second quarter of 2026, according to FYI, ...

The household saving rate in the euro area declined to 14.4 per cent in the fourth quarter of 2025, reflecting changing consumption patterns, according to Eurostat. The statistical office reported that the ...

Freedom24 Executive Director Evgenii Tiapkin on Thursday, April 9, presented the company’s European strategy and platform development on the main stage at the Freedom Inside event in Astana. The session ...

European Union banks’ direct exposure to the Middle East remains limited, with risks from the conflict more likely to emerge through indirect channels such as inflation, tighter financial conditions and ...

The Central Bank of Cyprus (CBC) on Thursday reported that total loan balances held by credit-acquiring companies reached €19.35 billion at the end of 2025, with the vast majority classified as non-performing. ...

Alpha Bank Cyprus took part as a platinum sponsor of the 16th Nicosia Economic Congress, reaffirming its active role in supporting economic dialogue in Cyprus. The event was held on ...

The Cyprus economy continued to demonstrate resilience in March despite a more challenging external environment shaped by regional instability, according to Kostantino Vrachimis, manager of economic research at Eurobank. In ...

Digital banking in Cyprus appears to have evolved from an optional service into a fundamental tool for everyday management of citizens’ finances. This is reflected in the Bank of Cyprus’ ...

The Bank of Cyprus on Wednesday announced that its board of directors has approved the annual financial report for the year ended December 31, 2025, confirming strong profitability, lending growth and capital ...

Minister flags rising energy costs and tourism risks from Iran war Finance Minister Makis Keravnos on Wednesday outlined the government’s economic strategy amid global instability, reflecting on three years ...